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afintechnologies.com

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About Afin Technologies

Afin Technologies is a digital, mobile company specializing in the distribution and marketing of discount offers and promotions.

Afin Technologies Headquarter Location

1601 Dove Street Suite 190

Newport Beach, California, 92660,

United States

888-551-6632

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Latest Afin Technologies News

North West tech firm makes $25m US acquisition

Sep 18, 2019

Deal for Entertainment, a leading promotions company in North America, to create 60 jobs Afin Technologies founders Lee and Nicola Evans Greater Manchester company Afin Technologies has acquired a leading North American promotions company in a $25 million deal. The acquisition of Entertainment, a leading provider of local and national price promotions throughout the US and Canada, will see new jobs generated at Afin’s Stockport base. The deal sees Afin take over operation of Entertainment, which connects businesses to consumers with promotional offers via physical coupons and through a mobile app. It follows the US-only launch of Afin’s app Buxbo, which offers a fresh take on the popular American pastime of ‘couponing’ – collecting coupons to save as much money as possible on shopping and meals out. Entertainment currently employs 77 people in the USA and is based in Troy, Michigan, close to Detroit. As part of the deal, Afin will also take on fresh investment from Deepbridge Capital in the UK, and investors in the US. This will support the creation of 50 new jobs in Troy, Michigan, and 10 new jobs in Stockport. Afin Technologies was founded in Stockport – initially under the name SurveyMe – before expanding to open an office in Newport Beach, California, where founders Lee and Nicola Evans are now based. "SurveyMe started in our spare bedroom in Stockport and we took our first steps of growth in the town,” said CEO Lee. “Now under the name Afin Technologies we’re excited to be sharing our expansion in the States with our hometown.” The new jobs will bring the total number of employees at the company in Stockport to 19. Ian Warwick, managing partner at Deepbridge Capital, commented: “We are delighted to continue to support Afin Technologies on this next step of their journey. “The acquisition of Entertainment promises to be great news for both parties, with the creation of new jobs and the introduction of a dynamic approach to the coupon market.” Share Article

Afin Technologies Acquisitions

1 Acquisition

Afin Technologies acquired 1 company. Their latest acquisition was Entertainment Publications on September 17, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

9/17/2019

Debt

$99M

$1.5M

Acquired - II

3

Date

9/17/2019

Investment Stage

Debt

Companies

Valuation

$99M

Total Funding

$1.5M

Note

Acquired - II

Sources

3

Afin Technologies Team

1 Team Member

Afin Technologies has 1 team member, including former Senior Vice President, Steve Shallcross.

Name

Work History

Title

Status

Steve Shallcross

Senior Vice President

Former

Name

Steve Shallcross

Work History

Title

Senior Vice President

Status

Former

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